Tata Steel has entered into a new collaboration with technology company SMS Mevac, which will design a new facility for the production of high-purity vacuum induction melted (VIM) steels for the aerospace industry at the speciality steels business in Stocksbridge, South Yorkshire. The agreement represents an important step for the company towards consolidating its position as a leading supplier of high-purity steels to the global aerospace market.
The VIM production route involves melting high-purity recycled steel and alloys in a crucible furnace, extracting trace elements via a degassing process in a low-pressure vacuum, and casting the purified liquid steel into ingot moulds. VIM-derived steels are typically consumed in aircraft engine transmissions and bearings as well as aircraft structural and undercarriage components where high-purity steel with characteristics such as enhanced fatigue life, improved corrosion resistance and higher strength levels are critical.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world`s second most geographically diversified steel producer and a Fortune 500 Company.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
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